European stocks diverge in initial trade | Economy

Economy

Update: 14:09, 16 April 2018 Monday

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European stocks diverge in initial trade

London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.

World Bulletin / News Desk

European stock markets diverged Monday at the opening bell in a muted reaction to US-led strikes on Syria.

In the eurozone, Frankfurt's DAX 30 rose 0.3 percent to 12,478.99 points compared with Thursday's closing level.

However in Paris there was no data immediately available for the CAC 40 index due to a technical incident, according to a statement from Euronext.

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Turkish stocks end day with losses

BIST 100 index falls by over 2 percent at close, going down some 2,600 points from previous close

Turkey's Central Bank keeps policy rate unchanged

Policy rate, also known as one-week repo rate, remains same at 8 percent; lending rate rises 0.75 percent points

Turkey's benchmark stock index up at open

BIST 100 increases 0.29 percent; US dollar/Turkish lira exchange rate stands at 4.0850

Turkish industrial capacity usage down 0.5 pct in April

Local units operating in manufacturing industry work at 77.3 pct capacity in April, says Central Bank

UK government borrowing at lowest since 2007

Public sector net borrowing falls by 3.5 billion pounds in 2017-18 financial year, says Office of National Statistics

Turkey's sectoral confidence goes down in April

Indices for service, retail trade, construction sectors fall in current month compared with March: Official data

Eurozone economy stuck in 'lower gear'

Data monitoring company IHS Markit also flagged a slight slowdown in France, where strikes were interrupting a resurgent boom on the back of government reforms.

Government gross debt stock up in March

Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion

Nearly 111,000 houses sold in Turkey this March

Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report

Turkey's Borsa Istanbul down at open

BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460

Turkey's Borsa Istanbul flat at open

BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250

Asian markets boosted by energy firms as oil surges

Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.

Crude prices soar on decline in US inventories

Brent gains 3.2 percent, WTI up 3.6 percent

IMF warns of risks as central banks tighten

The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.

Turkey’s external assets rise in February

Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank

Turkey's Borsa Istanbul down at open

BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020

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London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.

Worldbulletin News